Bank of India branch manager nabbed, sent to jail

PATNA: Kankarbagh branch manager of Bank of India (BOI), Mohan Prasad, was forwarded to judicial custody on Thursday. CBI sleuths had arrested Prasad, a resident of Patna City, while accepting Rs 15,000 bribe from one Shukla in a restaurant at Kankarbagh on Wednesday.

Shukla, in his complaint lodged with the CBI office, said he was sanctioned a loan of about Rs 23 lakh under Prime Minister Rojgar Yojna (PMRY) to launch his business venture in the state. The bank had already disbursed half the loan amount. However, the accused branch manager was demanding bribe to release the next installment, he said.

According to CBI sources, the accused often dealt with his customers in a restaurant. Some documents relating to real estate have also been seized from his possession, CBI sources said.